Atlantic Union Bank

Commercial bank · Richmond, United States

Atlantic Union Bank is a Virginia state-chartered commercial bank headquartered in Richmond and owned by Atlantic Union Bankshares, listed on the NYSE as AUB. It held USD 38.0 billion of assets and USD 30.6 billion of deposits at 30 June 2026 across 185 offices in Virginia, Maryland and North Carolina. Business customers get Flex Business Checking and Flex Business Checking Plus, treasury management covering sweeps, positive pay, lockbox and remote deposit, Visa business credit cards issued by Elan Financial Services, merchant processing through Global Payments and foreign exchange spot, forward, option and swap contracts. The published fee schedule also lists an MSB Commercial Checking Account for money services businesses at USD 350 a month.

Legal name: Atlantic Union Bank
Regulated by: Federal Reserve (state member bank), FDIC (deposit insurance, certificate 34589), Virginia Bureau of Financial Institutions (state charter)
Licence confirmed: yes, on a regulator's own list
Established: 1902
Website: www.atlanticunionbank.com

Scores, 0 to 10

7.0Financial strength & stability

USD 38.0 billion of assets and USD 30.6 billion of deposits at 30 June 2026, a charter dating to 1902 and FDIC insurance under certificate 34589. · source

6.5United States

Virginia state charter with Federal Reserve membership, 185 offices and USD 30.6 billion of deposits at 30 June 2026, but branches only in Virginia, Maryland and North Carolina. · source

6.5Lowest fees

Flex Business Checking costs USD 0 or USD 15 a month with the fee waived at 100 items or a USD 5,000 balance, and the published schedule adds USD 0.50 per item over the free allowance and a USD 38 overdraft fee. · source

5.5Cross-border payments, FX and multi-currency accounts

Spot, forward, option and swap contracts plus foreign currency and USD international wires are offered, but no currency count or margin is published and accounts stay in US dollars. Treasury management covers sweep accounts, zero balance accounts, ACH collection and disbursement, lockbox, remote deposit, integrated payables, purchase cards and check and ACH positive pay. · source

5.5Business cards (Visa, Mastercard)

Four Visa business credit cards issued by Elan Financial Services with no fee for additional employee cards, free online expense reporting and mobile payments, but no virtual cards are published and the debit card charges 3% on foreign currency transactions. · source

4.5Best interest on business balances

Flex Business Checking Plus is interest-bearing and Business Money Market opens at USD 500 with a USD 2,500 minimum daily balance to avoid a USD 12 fee, but no rate is published on either page. · source

4.0Fast digital onboarding

Both business checking pages route the applicant to Contact a Relationship Manager rather than an online application, and business accounts open with a USD 25 minimum deposit. · source

4.0Online businesses: e-commerce and SaaS

Merchant processing is provided through partner Global Payments and remote deposit and lockbox handle receivables, but there are no foreign-currency collection accounts or marketplace payouts. Business eBanking covers wires, ACH and positive pay but there are no foreign-currency receiving accounts, no published API and no accounting integrations named for software companies. · source

4.0Trade, manufacturing & import-export

Currency hedging through forwards, options and swaps is published for businesses in international trade, but no letters of credit, guarantees or documentary collections appear on the commercial pages. · source

3.5Crypto-friendly bank

The bank publishes an MSB Commercial Checking Account at USD 350 a month but names no policy on crypto exchanges, brokers or miners anywhere in its business pages. · source

3.5Fintech companies that need a partner bank

A named MSB Commercial Checking Account exists at USD 350 a month, but the bank publishes no safeguarding accounts, BIN sponsorship or agency banking programme for payment institutions. · source

3.5Startups & VC-backed companies

The business range is ordinary SME checking, lending and treasury with no venture debt, pre-revenue path or founder programme published. · source

3.5High-risk verticals (iGaming, cannabis, adult, forex)

Money services businesses have a published account at USD 350 a month, but the bank states no policy on gambling, cannabis, adult or foreign exchange broker clients. · source

3.0Customer satisfaction

Trustpilot rates atlanticunionbank.com 2 out of 5 and labels the score Poor. · source

3.0On-ramp: buy crypto with fiat

The bank's Wolfsberg questionnaire signed 27 March 2026 marks virtual asset service providers as a prohibited customer type, so it de-banks crypto firms; an exchange's July 2026 guide says personal debit cards still work on regulated exchanges, but nothing covers business transfers. · source

2.5Off-ramp: crypto to fiat in a business account

With virtual asset service providers prohibited as customers in the March 2026 questionnaire and no published process for receiving exchange proceeds, a company selling crypto should expect scrutiny; no direct evidence of returned wires was found, so evidence is thin. · source

2.0Foreign-owned & non-resident companies

Business accounts are opened through a relationship manager in a three-state branch footprint and the bank publishes no route for companies owned or directed from abroad. · source

1.0Crypto wallet and custody for a business

No crypto holding for any client: a search of the bank's site returns only 2021 wealth commentary calling bitcoin a possible black swan, and no custody or wallet product exists, checked September 2026. · source

1.0Accept crypto payments

No crypto or stablecoin acceptance for merchants appears in the bank's business pages or fee schedule, and its March 2026 compliance questionnaire lists virtual asset service providers as prohibited customers. · source

1.0Bitcoin

No bitcoin buying, custody or funds for business or personal clients were found; the site's only bitcoin content is 2021 wealth commentary, checked September 2026. · source

1.0Ethereum

No ether product of any kind was found on the bank's site or in press, checked September 2026. · source

1.0Stablecoins (USDC, USDT and others)

No stablecoin accounts, payouts or settlement network membership was found, and the March 2026 compliance questionnaire prohibits virtual asset service providers as customers. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.